
A revocable trust or living trust is an instrument created, as part of your overall estate plan, for the purpose of protecting your assets, including investments, during your lifetime. It can also allow for a smoother transition of said assets and investments to a chosen beneficiary after your death. But not every asset or investment can or should be used to fund a revocable or living trust. Below are a few contenders, along with the specific processes and considerations to bear in mind for each. Bank Accounts Bank accounts, including checking, savings, and CDs, can be used to fund a revocable living trust. In order to avoid any penalties that may occur for early withdrawal, you should check with your bank before attempting to transfer… Read More